“Thomas Herink was sentenced in Omaha’s U.S. District Court. In addition to prison, Herink was given three years of supervised probation following his release and ordered to repay $5,111,026.91 to his victims.
Herink was president and chief executive officer of Golf Services Group Inc., a construction company, according to U.S. Attorney Deborah Gilg, who says Herink falsified financial statements to defraud lenders and insurers.
Herink carried out the scheme in order to participate in large construction contracts throughout the country, according to Gilg. Prosecutors say when Herink defaulted on some of the projects, the banks and insurance companies lost more than $8 million.”
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